Raulin Amy
Partner | Legal
Jersey
Partner
Jersey
Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.
Services
We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.
Sectors
Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.
We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.
Legal
Corporate and Fiduciary
Consulting
Banking and Finance
Corporate
Dispute Resolution
Employment law
Intellectual Property
Investment Funds
Listing services
Local Legal Services
Accounting and Financial Reporting Services - Ogier Global
Cayman Islands AML/CFT training - Ogier Global
Regulatory and Compliance Services - Ogier Global
Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.
Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.
Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.
Fresh thinking, sharper opinion.
We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone.
About us
Corporate social responsibility (CSR)
Diversity, equity and inclusion
Information security
Innovation
Sustainability
No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm
Deal
31 August 2023
Jersey
1 min read
ON THIS PAGE
Ogier has advised Eastcastle Infrastructure on a pivotal US$92 million debt package to substantially enhance digital connectivity in the Democratic Republic of Congo (DRC), one of the least digitally connected countries in sub-Saharan Africa.
The new investment debt package, arranged by the International Finance Corporation (IFC), Emerging Africa Infrastructure Fund (EAIF), and Standard Bank RDC SA (SB), consists of a US$30 million loan from IFC, an additional US$30 million from EAIF, and a US$32 million debt facility from SB.
The IFC's equity investment in Eastcastle helps to enable its DRC operations to achieve the broader goals of poverty reduction, economic empowerment, and shared prosperity.
The expansion of Eastcastle's telecom tower network will increase digital access, laying the foundation for improving digital skills and spurring entrepreneurial activities among underserved groups. This is particularly impactful for women and youth in the DRC, who now have the opportunity to harness the power of digital tools for educational, healthcare, and business initiatives, thereby promoting social inclusion and economic empowerment.
The Ogier team was led by partner Raulin Amy, supported by senior associate Danny Cole, and associate Mark Watson, collaborating with onshore counsel Norton Rose Fulbright to achieve the successful conclusion of the financing. Clifford Chance advised the IFC and SB on the transaction.
"We're proud to have supported Eastcastle Infrastructure's vision to elevate digital access, fuel economic growth, and boost energy efficiency in the DRC — a mission that dovetails with the IFC's strategy to promote the digital economy and development of digital services in Africa," said Raulin.
The investment aligns with Eastcastle's strategy to expand its telecom tower network and surpass more than 1,000 towers in the DRC, enabling mobile network operators and digital service providers to widen their coverage and reduce operating costs and energy consumption through infrastructure sharing. This is especially crucial in the DRC, where only about 50% of the population has access to mobile services.
Eastcastle Infrastructure is a leading telecom tower operator committed to elevating digital services across sub-Saharan Africa.
The International Finance Corporation, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in emerging markets.
Raulin Amy
Partner | Legal
Jersey
Partner
Jersey
Contact Raulin
Back
Danny Cole
Senior Associate | Legal
Jersey
Senior Associate
Jersey
Contact Danny
Back
Mark Watson
Associate | Legal
Jersey
Associate
Jersey
Contact Mark
Back
Sign up to receive updates and newsletters from us.
Sign up
No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm